SAN JOSE - The Sharks Foundation announced today that it has been recognized by the Silicon Valley Business Journal as a Top-50 corporate philanthropist in Silicon Valley for the 2016 Fiscal Year. The award was given at the Business Journal's annual Corporate Philanthropy Awards held at the Hyatt Regency Santa Clara on Thursday, November 9. By contributing more than $1.6 million to numerous charitable organizations throughout the Bay Area during the 2015-16 season, the Sharks Foundation ranked No. 18 amongst the honorees and was one of just two Bay Area professional sports franchises to be recognized. The No. 18 ranking demonstrates a three spot improvement for the Sharks Foundation, which ranked No. 21 in the 2015 campaign.
During the 2016-17 season, the Sharks Foundation distributed $565,000 in grant funding to 24 local non-profits, impacting nearly 40,000 youth and families through the Foundation's three pillars of giving: character development, education, and health and safety. Additionally, the Foundation worked with Taube Philanthropies and the Koret Foundation to donate $316,000 through the Goals for Kids program to Child Advocates of Silicon Valley, City Year San Jose, JW House, Loaves & Fishes Family Kitchen, Make-A-Wish Greater Bay Area and the Silicon Valley Children's Fund through the Goals for Kids program, which dedicates $1,000 for every goal scored by the San Jose Sharks.
Through the 2017-18 Giving Campaign and 50/50 Raffle presented by Black Oak Casino Resort, the Sharks Foundation will distribute an estimated $2 million to organizations assisting those in need.